Hennessy Advisors Inc. Has $10.13 Million Position in PepsiCo, Inc. $PEP

Hennessy Advisors Inc. increased its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 26.2% in the second quarter, Holdings Channel.com reports. The firm owned 74,841 shares of the company’s stock after buying an additional 15,541 shares during the quarter. Hennessy Advisors Inc.’s holdings in PepsiCo were worth $10,133,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Evergreen Advisors LLC bought a new stake in shares of PepsiCo during the first quarter worth $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of PepsiCo in the 4th quarter valued at $26,000. Swiss RE Ltd. acquired a new stake in shares of PepsiCo during the 4th quarter valued at $28,000. Atlatl Advisers LLC acquired a new stake in shares of PepsiCo during the 2nd quarter valued at $31,000. Finally, Osterweis Capital Management Inc. bought a new stake in PepsiCo during the 2nd quarter worth $31,000. Institutional investors own 73.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on PEP. Bank of America dropped their target price on PepsiCo from $173.00 to $164.00 and set a “neutral” rating for the company in a research report on Thursday, June 25th. JPMorgan Chase & Co. lowered their price objective on PepsiCo from $178.00 to $170.00 and set an “overweight” rating for the company in a research note on Wednesday, July 1st. Barclays raised their price objective on shares of PepsiCo from $138.00 to $142.00 and gave the company an “equal weight” rating in a report on Tuesday, July 21st. Jefferies Financial Group cut their target price on shares of PepsiCo from $162.00 to $152.00 and set a “hold” rating on the stock in a research report on Friday, July 10th. Finally, Piper Sandler set a $176.00 price target on shares of PepsiCo in a research report on Thursday, July 9th. Seven analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, PepsiCo currently has an average rating of “Hold” and an average price target of $157.90.

Insider Transactions at PepsiCo

In other PepsiCo news, EVP David Flavell sold 2,900 shares of the stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $139.54, for a total transaction of $404,666.00. Following the transaction, the executive vice president directly owned 74,825 shares in the company, valued at approximately $10,441,080.50. This represents a 3.73% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.12% of the company’s stock.

Key Stories Impacting PepsiCo

Here are the key news stories impacting PepsiCo this week:

• Positive Sentiment: Bank of America reaffirmed a Neutral rating but maintained a $152 price target, implying potential upside from the recent trading level. The firm cited international strength as an offset to weakness in PepsiCo’s North American operations. PepsiCo analyst rating
• Positive Sentiment: Recent commentary highlights PepsiCo’s dividend appeal, defensive consumer-staples exposure and management’s reiterated revenue-growth targets. Its valuation and roughly higher yield than Coca-Cola may attract income-oriented investors, although the company still faces execution risks. PepsiCo revenue-growth targets
• Positive Sentiment: PepsiCo signed a seven-year, multimillion-dollar partnership with Arizona Athletic Grounds as its official soft-drink provider, supporting brand visibility and long-term distribution. Arizona Athletic Grounds partnership
• Neutral Sentiment: PepsiCo joined Mondel?z and pladis in a circular-packaging trial using watermarking technology. The initiative may improve sustainability credentials, but its near-term financial impact is unclear. Circular packaging trial
• Negative Sentiment: PepsiCo confirmed damage at a Ukrainian production facility following conflict-related events. No injuries were reported, but possible disruption, repair costs and lost production add uncertainty. Ukraine plant damage
• Negative Sentiment: Soft North American demand and category pressure remain the main concern. Analysts note snack-market share gains and beverage resilience, but investors are watching whether weakness is temporary or structural. PepsiCo North America demand
• Negative Sentiment: PepsiCo is reportedly cutting 105 warehouse jobs as part of additional U.S. distribution changes. The actions could improve efficiency, but also reinforce concerns about slowing demand and ongoing restructuring. Warehouse job cuts
• Negative Sentiment: The Obesity Action Coalition urged PepsiCo to continue employee coverage for GLP-1 obesity medicines. The dispute creates potential reputational and employee-relations risks, though the direct financial effect is uncertain. GLP-1 coverage dispute

PepsiCo Stock Performance

Shares of PepsiCo stock opened at $140.52 on Thursday. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 1.91. The business has a 50-day moving average price of $139.77 and a two-hundred day moving average price of $148.81. PepsiCo, Inc. has a 1-year low of $133.73 and a 1-year high of $171.48. The company has a market cap of $191.79 billion, a P/E ratio of 18.42, a PEG ratio of 2.94 and a beta of 0.35.

PepsiCo (NASDAQ:PEP) last announced its quarterly earnings data on Thursday, July 9th. The company reported $2.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.19 by $0.01. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The company had revenue of $24.18 billion for the quarter, compared to the consensus estimate of $23.95 billion. During the same period in the previous year, the business earned $0.92 EPS. The firm’s revenue was up 6.4% compared to the same quarter last year. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. As a group, analysts anticipate that PepsiCo, Inc. will post 8.57 EPS for the current year.

PepsiCo Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, September 4th will be paid a $1.48 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $5.92 annualized dividend and a yield of 4.2%. PepsiCo’s payout ratio is 77.59%.

PepsiCo Profile

PepsiCo, Inc (NASDAQ: PEP) is a multinational food and beverage company headquartered in Purchase, New York. The company develops, manufactures, markets and sells a broad portfolio of branded food and beverage products, including carbonated and noncarbonated soft drinks, bottled water, sports drinks, juices, ready-to-drink teas and coffees, salty snacks, cereals, and other convenient foods. Its leading consumer brands include Pepsi, Mountain Dew, Gatorade, Tropicana, Quaker, Lay’s, Doritos and Cheetos, among others.

Formed through the 1965 merger of Pepsi-Cola and Frito-Lay, PepsiCo has grown into a global business with integrated manufacturing, distribution and marketing operations.